Tech & Telecom Law News

Bribery Case Against US Lawmaker Implicates Mexico’s Azteca

An executive of Mexico’s Banco Azteca helped arrange payments to US House Democrat Henry Cuellar of Texas and his wife in exchange for influence in Washington, according to court documents.

By Michael O'Boyle

Microsoft’s Activision Owes $23 Million in Gaming Patents Trial

Microsoft Corp.'s Activision Blizzard unit must pay Acceleration Bay LLC $23.4 million after a federal jury in Delaware found that three of its popular video games infringe either of two network technology patents.

Google $62 Million Location-Data Settlement Finalized by Judge

A federal judge approved a $62 million class-action settlement arising from Google Inc.'s alleged tracking and storage of the mobile-device user-location data of nearly 250 million US users.

Intel Sued Over Disappointing Results After Reorganization

Intel Corp. made misleading statements about an internal reorganization that created a separate segment for manufacturing services, an investor alleges in a suit over a recent pair of stock drops.

Synopsys Sells Unit for as Much as $2.1 Billion to PE Firms

Chip-design company Synopsys Inc. is selling its software integrity business to two private equity firms for as much as $2.1 billion in cash.

The AI Music Era Is Here. Not Everyone Is a Fan

AI songwriting has gotten shockingly good — with big implications for the music world.

US to Fund ‘Digital Twin’ Projects for Chips With $285 Million

The Biden administration is opening applications for $285 million in federal funding to set up an institute focused on digital twin technology for the semiconductor industry, which uses virtual models of components to help reduce development and manufacturing costs.

Critics Warn Against Attaching Kids’ Online Safety Bill to FAA

A bill intended to keep kids safe online would do more harm than good and Congress should not include it in must-pass aviation legislation, a handful of technology and LGBTQ+ rights groups urged Senate leaders.

Davis Polk Leaps Into Lateral Hiring Seen as Re-Shaping Industry

Davis Polk & Wardwell plans to increase lateral partner hiring and boost pay for top lawyers, seizing on an 18-month period that firm leader Neil Barr said will shape the law firm market for years to come.

A Random Walk Dodging Disaster on Wall Street: John Authers

In theory, securities markets follow a random walk. The efficient markets hypothesis holds that markets at all times attempt to incorporate all known information in prices.